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Contributors to the CoreLegal blog include experts from our membership. Our bloggers, who also often speak at CoreLegal CPD Seminars explore the key areas of the legal profession, providing insight, practical advice and informed opinion. Please feel free to comment on blog posts.

If you would like to suggest a topic for a blog post, call us on 01494 483728, email info@corelegal.net or drop us a line from our contact page.

Uncertain Future For The Legal Market But Still Opportunities For Innovative Firms

on 16 September, 2010 1 comment so far -

CoreLegal founder member David Mort, Director at IRN Research (a market research consultancy specialising in advising the legal services sector) provides further findings from IRN’s annual review of the UK legal services market.

First the bad news…..

IRN’s regular review of the UK legal services market (http://www.irn-research.com/news/new-report-on-uk-legal-services-market/) estimated annual growth of just 1.6% in value terms for the sector in 2009, the lowest for many years.

Article Categories: Alternative Business Structures,Legal News,Legal Services Act,market research
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So who’s going to buy your Firm?

on 6 September, 2010 No comments yet -

In the third of four articles, CoreLegal founder member Ray Fox (from the Bottom Line Consultancy) provides more insights into his specialist work as acting as a broker selling Law Firms.

It might be a bit trite and simplistic but the only people who are going to buy your Firm are likely to be another Law Firm or another Solicitor.

Suppose you owned a small Practice in my local town, High Wycombe.  Who would want to take over your Practice?  Possibly another Practice in High Wycombe.  Possibly a multi-site Practice that has offices in, say, Buckinghamshire, Berkshire or Oxfordshire.  Possibly a Practice in Oxford, Reading, Aylesbury or Slough.  Possibly a City Firm…

Article Categories: Selling law firms
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on 6 September, 2010 No comments yet -

We’re looking at the key marketing challenges facing law firms and providing lots of practical advice and insights.  ‘How to build an accurate client database’ is the second a series of articles by Jon Hepburn at The Fedora Consultancy (CoreLegal’s marketing experts)

How to build an accurate client database

As an existing provider of legal services, you already have a considerable advantage over any new competition. That is, a bank of customers who already know you and are doing business with you. But, the value of this is limited if you don’t know who buys what from your firm, why they do so, when and how.

Article Categories: Business development,Law Firm marketing,Marketing planning
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on 6 September, 2010 No comments yet -

We’re looking at the key marketing challenges facing law firms and providing lots of practical advice and insights.  Client databases is the second a series of articles by Jon Hepburn at The Fedora Consultancy (CoreLegal’s marketing experts)

How to build an accurate client database

As an existing provider of legal services, you already have a considerable advantage over any new competition. That is, a bank of customers who already know you and are doing business with you. But, the value of this is limited if you don’t know who buys what from your firm, why they do so, when and how.

Article Categories: Business development,Law Firm marketing,Marketing planning
Article Tags: , ,

Solicitors frustrated by indemnity hard sell

on 23 August, 2010 Comments Off on Solicitors frustrated by indemnity hard sell -

Now silly season is upon us, I thought I would update you on what is actually happening in the solicitor’s indemnity market. I know quite a few solicitors and I understand their frustrations. Rather than wax lyrical, I’m going to stick to the good, the bad and the ugly in the current market.

Article Categories: Solicitors insurance
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Do Solicitors’ Practices have a value?

on 2 August, 2010 No comments yet -

In the second of four articles, CoreLegal founder member Ray Fox (from the Bottom Line Consultancy) provides more insights into his specialist work as acting as a broker selling Law Firms.

A few years ago, I was approached by a well known major City Law Firm.  They had a Client who was married to a Solicitor who she was divorcing.  She wanted to know what the Practice was worth in order to negotiate a realistic settlement…

Article Categories: Selling law firms
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